Marcos signs EO on tariff breaks for EVs, parts | Samuel P. Medenilla

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Marcos signs EO on tariff breaks for EVs, parts | Samuel P. Medenilla
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Some electric vehicles (EV) will soon be made tariff-free under a new executive order signed by President Ferdinand R. Marcos, Jr. last week.

SOME electric vehicles will soon be made tariff-free under a new executive order signed by President Ferdinand R. Marcos, Jr. last week.

The President is allowed to make adjustments in import duties under Republic Act No. 10863 or the Customs Modernization and Tariff Act.

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